Goldman Sachs has upwardly revised its forecast for the S&P 500. The bank now expects the index to finish the year at 6,800, reach 7,000 within six months, and climb to 7,200 over the next year. Apparently, volatility, recession threats, and anxious headlines have not been enough to shake Goldman’s faith in the power of corporate earnings.
These projections imply potential returns for investors of 2%, 5%, and 8%, respectively—not dizzying, but solid enough, given that the US market is already at historical highs.
